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Problem 5 Intro Southern Power just paid an annual dividend of $6.4 per share. Because of increasing competition from home solar installations, the dividend is

Problem 5 Intro Southern Power just paid an annual dividend of $6.4 per share. Because of increasing competition from home solar installations, the dividend is expected to shrink by 4% per year. The required rate of return is 8%. | Attempt 1/3 for 10 pts. Part 1 What should be the current stock price? + decimals Submit

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